# 310 E Franklin Street, Clinton, MO 64507

> **TL;DR:** multi-family, $475,000, built 1965.
> A/C. Est. $2,058/mo. Listed 74 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $475,000 |
| Year Built | 1965 |
| Lot Size | 16,640 sqft (0.38 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 74 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,058 |
| **Total** | **$2,058** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1965
- 0.38 acre lot
- 2 stories
- 8 parking spaces

## Description

### Agent Description
Turnkey 6-unit multifamily investment opportunity in the heart of Clinton, MO, offering strong in-place cash flow with immediate upside. This well-maintained property currently generates $4,375/month with pro forma potential of $5,075/month upon completion of a partially finished 7th unit in the basement, which is already framed and includes new plumbing, electrical, and an egress window (estimated ~$20K to complete). The unit mix includes four 2-bedroom and two 1-bedroom units, with tenants paying electric and gas, helping keep operating expenses low. Each unit features its own furnace and rooftop AC, and the property includes onsite laundry with two washers and three dryers. Major updates include a TPO roof approximately two years old and updated plumbing in the lower level. An additional commercial lot is included, offering potential to build 4-6 more units for future expansion. Conveniently located just minutes from Golden Valley Memorial Healthcare and with quick access to Highway 7 and Highway 13, this property is well-positioned near local employers, shopping, and downtown Clinton, making it an attractive option for investors seeking a cash-flowing asset with value-add and long-term growth potential.

## Location

- **Address:** 310 E Franklin Street, Clinton, MO 64507
- **County:** Henry
- **Neighborhood:** Allens Addition
- **Coordinates:** 39.758334, -94.830968
- **Google Maps:** https://www.google.com/maps?q=39.758334,-94.830968

## Listing Agent

- **Name:** Serena Bales
- **Brokerage:** KW KANSAS CITY METRO
- **Phone:** 9139129350
- **Email:** serenabales@kw.com

## Primary Photo

![310 E Franklin Street - Primary Photo](http://lh.rdcpix.com/9206225694cbf8e6303275fcc3a12966l-f2796655508r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/310-e-franklin-street-clinton-mo-64507-2608181)*

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**MLS#:** 2608181 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/310-e-franklin-street-clinton-mo-64507-2608181)

---

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